Divorce is the single most stressful experience any individual can face. With great success in life and accumulated wealth comes most complex and aggressive demands in terms of asset allocation.
Couples often find that their stress levels increase exponentially during the asset and property division phase of their case. This is primarily due to the fact that couples begin fighting about money, assets and debts they previously had no disagreements about at all. More importantly, many divorcing individuals wonder if they will be treated fairly by the family court system or if their interests as a member of high net worth community are being taken into account. If you’re experiencing these feelings it could benefit greatly from speaking with an experienced high asset divorce attorney in Portland Oregon.
The safety net that our firm offers to high-net individuals is an important advantage in high asset divorce cases. Individuals who have a net worth above $5 million or whose combined assets exceed this threshold may feel especially vulnerable during the property division phase because they often don’t know how much of their money and possessions will be at stake or who exactly will be sharing it with them. To address these concerns Portland High Net Worth Divorce Attorney ensures that every client receives the individualized consideration that they deserve each step of the way – from initial consultation through final settlements negotiation. Although we take very few divorce cases involving more just $5 million in assets, we have the skills and resources necessary to handle high net worth cases that involve large estates as well.
Worried about losing your hard-earned money or possessions in a divorce? High Net Worth Divorce Attorney Portland Oregon can help you to avoid these pitfalls by:
Providing you with an individualized assessment of your unique case;
Helping you to document all of your assets and potential income sources so that they are thoroughly documented for court;
Identifying any hidden assets through thorough searches with local banks, financial institutions, pension funds, brokerages and related entities;
Focusing on drafting detailed settlement agreements that clearly address important issues such as hide assets, spousal maintenance, child custody & support so that the court will receive clear direction from you and your spouse;
Focusing on representing your best interests in all phases of family court proceedings so that you have one less thing to worry about as you move forward with your life.
High Net Worth Divorce
High Asset Divorce
Portland High-Asset, High Net Worth Divorce Lawyer & Attorney
Portland High Net Worth Divorce & High Asset Divorce Attorney
High Asset Divorce Attorney Portland OR – How We Can Help
Divorce is a financial and emotional burden that many couples will face in their lifetime. While it’s possible to dissolve a marriage with minor litigation, if you or your spouse are very wealthy, your divorce case may be far more complicated.
SPOUSAL SUPPORT (ALIMONY) AND CHILD SUPPORT CONSIDERATIONS MAY BE DIFFERENT WITH HIGHER FINANCIAL SUCCESS.
When both parents have lucrative jobs, investments or other sources of funds, divorce is typically less about spousal support and more about splitting of assets.
However, if one parent has a much higher income than the other, spousal support can become a contentious topic. The facts of every case are different, and must be evaluated from several different angles.
Child custody can become complicated when one parent makes more money than the other for a simple reason: the more wealthy parent might be able to afford a higher-end lifestyle than the parent with less income. While this is far from a deciding factor in child custody cases, it can become an important one–especially if it involves housing or the overall safety of the child. Child support is based on a complicated calculation set out by Oregon law, however, the lesser income parent can argue for higher child support due reasonable of maintaining similar lifestyles.
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Finding or Locating Hidden Assets in a High-Asset Divorce
If there are significant assets in your marriage, but you are not sure of their location or value, you’re going to want help. Attention to detail and the power of discovery tools will help you identify, locate, and properly value assets for your divorce.
High-Value Homes or Homes With Substantial Equity
A substantial real estate portfolio or a primary and secondary vacation home with substantial value can be important to property value in a high-asset divorce. Our firm works with professionals who can properly value these assets with a professional appraisal.
High-Value Businesses or Businesses Which Generate Significant Income
Business valuation and division disputes within Oregon divorces are common. Whether it’s a closely-held LLC, or public corporation. We can help you value the business, analyze the former performance and extrapolate future earnings, and then have any business subject to sale or distribution in your dissolution professionally valued.
International Assets and Foreign Bank Accounts
Just because an asset is out of state or out of the country does not mean it’s safe from your divorce proceeding. We can access powerful discovery tools including subpoenas and depositions to locate assets that are previously unknown to our clients.
High-Value Retirement Accounts or Pension Plans
Retirement accounts are subject to division in Oregon divorce cases. Obviously the larger the balance of the fund, the more it’s worth fighting for. Your retirement account is your nest egg. Your safety net for the future. And what you’ve been working so hard for for years. We’ll help you keep what’s yours, or receive what’s fair.
Large Assets and Wealth Create Complex Financial Issues
The complexity of high net worth divorces doesn’t end with assets. If the couple signed a prenuptial agreement, it needs to be evaluated. In some cases, if the prenup agreement was made when the couple had a lower income, or if the accumulated wealth is far beyond what either could have expected, the prenup agreement may be reassessed by the Court.
Tax-related issues are another factor in wealthy divorces. Outstanding tax bills, liens, or other tax penalties may be difficult to assess if they are in current litigation or dispute.
The issue of debts incurred within the marriage can be difficult to litigate as well. While spouses are typically not responsible for debts before the marriage, any debt incurred while legally married is generally the responsibility of both parties. If the couple is currently declaring bankruptcy, the divorce proceedings can be affected as well.
Managing Media Attention And Publicity
While not typically a problem in most divorce cases, celebrities and high-profile members of society have to worry about the possible implications of divorce on their public image. A contentious or angry divorce can have an affect on their business and their presence in the community. There is also an increased risk of invasion of privacy. A high net worth divorce lawyer is familiar with these potential pitfalls, and can help protect you during your divorce.
Maintaining Privacy For Discerning Clients in Portland
There are opportunities when working with an experienced divorce attorney to seal records, settle matters outside of court, and enter into binding settlement agreements.
How To Select A High-Asset Portland Divorce Attorney For Your Case
If you are looking for a country club sauna lawyer who’s going to pull punches in order to maintain friendships with other local divorce lawyers, our firm isn’t going to be for you. There’s no hob knobbing here, no phony appearances to maintain. Just dedication to our clients. Our loyalty is to our clients. Not other firms, or their attorneys.
We’d recommend consultations with three to five lawyers in order to find a good fit.
We Can Help You Get Through Your Divorce
If you’re feeling overwhelmed by your high asset divorce, or you’d like to file papers for a divorce and you’re concerned with the financial details, give Trillium Law, PC, a call today. We can assess your initial case, recommending certain actions or accountants to help your case. Because of the details and complexity of a high net worth divorce, it’s important to have the right high net worth divorce attorney on your side!
Your situation is unique and we want to help. Contact a High Net Worth Divorce Attorney at our office. if want to know more about how our firm can help you or if you have questions about what may be at stake in your case. We are happy to answer any questions that you may have – without charge – so call us today at to find out more!